1015 Seneca Avenue, Ridgewood, NY 11385
Queens County
Key Facts
Description
Discover a prime investment opportunity in the heart of Ridgewood, Queens. This six-unit, rent-stabilized property offers a stable income stream and is situated in one of New York City's most vibrant neighborhoods. Units: 6 rent-stabilized apartments with annual gross Rent Roll: $113,661 with a Net Operating Income (NOI): $70,191 Recent Upgrades: New boiler installed in 2024; two units feature renovated bathrooms, Ridgewood is renowned for its diverse culinary scene, historic charm, and strong community spirit. Residents enjoy easy access to public transportation, including the M and L subway lines, facilitating convenient commutes to Manhattan and Brooklyn.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1931
Stories
3
Living Area
5,712 sq ft
Lot Size
0.06 acres
Days on Market
1
MLS® Listing#
979762
Property Features
Cooling
Heating
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$15,145
Assessed Value
$356,400
Parcel Number
03575-0003
Affordability Calculator
$259,000
Estimated monthly payment
$6,893/mo
Principal $1,036,000 · Est. interest $1,445,312 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ridgewood, NY
- $1,000,000
- Median Listing Price
- 58
- Median Days on Market
- 2,753
- Median Sq Ft
- $573
- Median Price / Sq Ft
- 45
- Active Listings
- This home’s price is 30% above the area median.
- Its price per sq ft is 60% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ridgewood, NY.
Location
Getting Around
Points of Interest in Ridgewood, NY
Showing the Ridgewood area map.
Nearby Schools
Joseph F. Quinn Intermediate School 77
Secondary · 0.1 mi away
P. S 239q
Elementary · 0.2 mi away
Police Officer Ramon Suarez School P. S. 239
Elementary · 0.2 mi away
Robert E Peary School
Elementary · 0.2 mi away
P.S. 68
Elementary · 0.2 mi away
Stop 2k
School · 0.4 mi away
PS 88
Elementary · 0.4 mi away
Is 93
Secondary · 0.5 mi away
PS 151 Lyndon B Johnson
Elementary · 0.6 mi away
Bushwick Ascend Lower School
Elementary · 0.6 mi away
The Academy of Urban Planning and Engineering
School · 0.6 mi away
Brooklyn School for Math and Research
School · 0.6 mi away
Bushwick High School
Secondary · 0.6 mi away
All City Leadership Secondary School
Secondary · 0.6 mi away
P. S. /I. S. 384 Frances E. Carter
Elementary · 0.6 mi away
PS 81
Elementary · 0.7 mi away
P. S. 106 Edward Everett Hale
Elementary · 0.7 mi away
Mesa Charter High School
Secondary · 0.8 mi away
JHS 291 Roland Hayes
Secondary · 0.8 mi away
PS 377 Alejandina B. de Gautier
Elementary · 0.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1718 Himrod Street, Ridgewood, NY | $950,000 | — | — | 4,875 |
| 75-37 61ST Street, Ridgewood, NY | $959,000 | 4 | 2 | 2,280 |
| 78-08 Cypress Avenue, Ridgewood, NY | $995,000 | — | — | — |
| 1622 Norman Street, Ridgewood, NY | $999,000 | 4 | 2 | 2,640 |
| 2052 Gates Avenue, Ridgewood, NY | $1,049,000 | — | — | 5,600 |
| 7815 Woodhaven Boulevard, Ridgewood, NY | $1,080,000 | 2 | 3 | 1,820 |
Moving Cost Estimate
EXIT Agents in Ridgewood
Listing Courtesy: Charles Rutenberg Realty Inc - 5165757500
Presented by: Donald Oula
Fair Housing Notice